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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Retail space
2418 Danbury Rd Phoenix, AZ 85032-2425
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US07-1601179
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Construction
CONCRETE
Total area
2,080 SF
Lot
0.32 ac (14,009 SF)
Zoning code
C-C
APN
214-05-005A
UPID
US07-1601179
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Contagious Chrome Wheels & Accessories (Bike/Boat/Book/etc) Store Auto Parts Store
-
Fusion Rehab: Lane Garrett S DC Alternative Medicine Practice
-
Fusion Rehabilitation Physician
-
Jonathan Schibel Physician
-
Reba Abarca Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$535k
Blend (final)
Blend
$535k
Owner & transaction history
Gi Properties LLC · 17 yrs held
Gi Properties LLC
since 2009
2 recorded transactions
Zoning & alternative use
C-C · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Public/Zoning (MapServer)
Top alternative use upside
Auto repair, garage
$880,000
+50.5%
Office building
$630,000
+7.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$585,000
Current use
AUTO REPAIR, GARAGE
$880,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$630,000
Change: +8% · Conversion: Easy
MEDICAL BUILDING
$550,000
Change: -5% · Conversion: Difficult
WAREHOUSE, STORAGE
$540,000
Change: -8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$530,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$257 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,549
Tax year 2023
Assessed value
$59,600
Assessed 2024
Previous assessed
$54,128
+10.1% YoY
Effective rate
7.63%
On assessed value
Land market value
$147,100
Improvement market value
$214,113
Total market value
$361,213
Applied tax rate
691,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
2,080 SF
Lot
0.32 ac (14,009 SF)
Zoning code
C-C
APN
214-05-005A
UPID
US07-1601179
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Phoenix, AZZoning C-C · permitted uses
C-C · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Public/Zoning (MapServer)
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$585,000
AUTO REPAIR, GARAGE
Est. value
$880,000
OFFICE BUILDING
Est. value
$630,000
MEDICAL BUILDING
Est. value
$550,000
WAREHOUSE, STORAGE
Est. value
$540,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$530,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Gi Properties LLC
Entity
Mailing address
2418 E DANBURY RD, PHOENIX, AZ 85032-2425
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2009
$330,000
Gi Properties LLC
Wayward Wind INC
Warranty Deed
$231,904 · Ironstone Bank
—
—
Wayward Wind INC
—
Deed Of Trust
related
$100,000 · American Savings Life Ins
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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